Economy

Nowhere is California's homelessness crisis more evident than here, where some 2,000 people hunker down for the night on sleeping pads, cardboard, or nothing.

California has been a national leader in the effort to expand health care coverage, but some advocates say this year’s state budget marks a step backward in the quest to reduce and ultimately eliminate the number of uninsured people.

As California struggles to confront a crisis of homelessness, these numbers help illuminate the depth and breadth of the problem.

The state's new budget weighs in at a record-setting $201 billion. Here are the highlights.

With just 11 days to go until the federal government intends to roll back net neutrality, California’s Senate has stepped into the void by advancing a bill that aims to maintain equal internet access for all its citizens.

The state’s notoriously high housing costs are gobbling up paychecks, leaving many teetering on the brink of financial disaster.

Some California lawmakers want to create a new business services tax, which they say would allow the state to cut California’s high sales tax to consumers and pull the state’s antiquated tax code into the 21st century. Here's why it's a long shot—getting more attention than ever before.

Nothing good lasts forever. That was the familiar message reverberating from Gov. Jerry Brown on Friday as he unveiled his updated version of the 2018-19 state budget—his 16th budget in his final term as governor.

There are around 40,000 homeless veterans in the United States, according to the U.S. Department of Veterans Affairs. More than 11,000 of them live in California.

California’s tax system, which relies heavily on the wealthy for state income, is prone to boom-and-bust cycles. Here's what you need to know.